Retailers Dick's Sporting Goods Inc (NYSE:DKS) and Abercrombie & Fitch Co (NYSE:ANF) are in focus on Wall Street today, following their strong first-quarter earnings reports. Both companies announced better-than-expected results, with Dick's Sporting Goods raising its profit forecast on accelerating demand, while Abercrombie & Fitch lifted its sales growth forecast following its "best quarter ever." At last glance, DKS was up 15.5% at $225.20, earlier hitting a record peak of $228.36. Today's price action c ...

Abercrombie & Fitch Company (NYSE:ANF) Q1 2024 Earnings Conference Call May 29, 2024 8:30 AM ET Company Participants Fran Horowitz - Chief Executive Officer Scott Lipesky - Executive Vice President, Chief Financial Officer Mohit Gupta - Vice President, Investor Relations Conference Call Participants Dana Telsey - Telsey Advisory Group Matthew Boss - JPMorgan Marni Shapiro - The Retail Tracker Alex Straton - Morgan Stanley Mauricio Serna - UBS Kelly Crago - Citi Janet Kloppenburg - JJK Research Associates Op ...

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Abercrombie & Fitch (ANF) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.Abercrombie & Fitch is a member of the Retail-Wholesale sect ...

Abercrombie & Fitch reported record first-quarter earnings results Wednesday (May 29), attributing the gains in part to increased marketing spend and an improved omnichannel experience.The apparel retailer’s highest first-quarter net sales ever came with an increase of 22% compared to the same period a year earlier, according to a Wednesday earnings release.“Both brand families [Abercrombie and Hollister] are contributing nicely to our business results while expanding their customer base through increased m ...

For the quarter ended April 2024, Abercrombie & Fitch (ANF) reported revenue of $1.02 billion, up 22.1% over the same period last year. EPS came in at $2.14, compared to $0.39 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $952.25 million, representing a surprise of +7.19%. The company delivered an EPS surprise of +28.92%, with the consensus EPS estimate being $1.66.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...

About this content About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 20 ...

Abercrombie & Fitch (ANF) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.92%. A quarter ago, it was expected that this teen clothing retailer would post earnings of $2.81 per share when it actually produced earnings of $2.97, delivering a surprise of 5.69%.Over the last four quart ...

An Abercrombie & Fitch signage is seen on a store on Fifth Avenue on August 25, 2022 in New York City.Abercrombie & Fitch reported its strongest first quarter in its history on Wednesday, continuing a winning streak that again exceeded expectations.The retailer's sales jumped 22% compared to last year, while profits were nearly seven times higher and came in well ahead of Wall Street's estimates.Shares were up about flat in premarket trading.Here's how the apparel company did in its first fiscal quarter com ...

Net sales of $1.0 billion, up 22% from last year with comparable sales growth of +21%, resulting in the highest first quarter net sales in company historyBroad-based net sales growth across regions and brands; with Abercrombie brands growth of +31%First quarter operating margin of 12.7%, up 860 basis points from last yearIncreases full year outlook to net sales growth of around 10%, and operating margin of around 14% NEW ALBANY, Ohio, May 29, 2024 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE:ANF) today ...

Abercrombie & Fitch Co (NYSE:ANF) is up 2.5% to trade at $153.61, as the red-hot retailer prepares to step into the earnings confessional. The sector staple-- which has caught our eye numerous times in the last 12 months -- will report first-quarter earnings before the market opens tomorrow morning. ANF has closed higher the session after earnings in four of its last eight quarters, including three of the last four that featured a 31.1% pop last May. The shares average a 14.7% swing, regardless of direction ...